The standards for responsible corporate governance are set in the Corporate Center and in Global Business Services. These include, first and foremost, the company’s strategic direction, systematic dialogue with stakeholderIndividuals or groups of individuals affected by a company’s business operations. groups, Group policies that are central to corporate responsibility, such as the Code of Conduct, but also cross-divisional functions such as complianceThe adherence to laws and regulations, standards, company policies and self-commitments. and supplier management. Standards are also set for remuneration in the Group, health management and occupational safety.

The divisions are responsible for aligning customer requirements with the strategic and ethical principles of corporate responsibility and for anchoring the Code of Conduct for Suppliers in their contractual relationships.

With clear governance structures, management systems, KPIs and targets along with regular reporting we manage the issues and create a high degree of transparency. At the working level (RBP Working Group, Diversity Council, Occupational Health & Safety Committee) issues are identified and decision papers prepared for submission to their respective parent committees (RBP Council, HR Board, Operations Board).

Committees for corporate responsibility

PwC

The Sustainable Advisory Council (SAC) is charged with reviewing our sustainability agenda from an external point of view, providing us with the perspectives and expertise of external experts. The SAC consists of independent experts and progressive thinkers from different disciplines (science, economics, the humanitarian community, environment, logistics, politics, the media, and ethics). The Integrity Board was merged with the SAC in the reporting year as a way to bundle expertise and increase efficiency.

Key internal bodies and working groups

Responsible corporate governance

Responsible Business Practice (RBP) Council

Cross-divisional and cross-functional decision-making body

Makes its decisions based on information received from the RBP Working Group

The RBP Working Group fosters cross-divisional dialogue between the central functions and the divisions on the different issues of responsible corporate governance and prepares decision documents for the RBP Council.

Human resources

HR Board

Manages personnel issues throughout the Group

Members: heads of divisional HR departments and representatives of central HR functions; chaired by the Board Member for Human Resources

Diversity Council

Discusses further development of diversity management in the divisions

Members: executives from the central functions and divisions; chaired by the Board Member for Human Resources

Occupational safety

Operations Board

Responsible for management and development of occupational safety KPIs

Members: executives from the divisions under the direction of the CEO

Occupational Health & Safety Committee

Defines cross-divisional regulations and standards in occupational safety, identifies areas with high accident rates, develops appropriate prevention measures, and lays the groundwork for decisions of the Operations Board

Environmental protection

GoGreen Sponsors Board

Decides on environmental strategy implementation and the development of environmental products at the Group level

Members: executives from all divisions as well as representatives from the relevant corporate functions under the direction of the CEO

Environmental protection issues are also discussed regularly at Board of Management meetings.

In each division, and in the larger regions on the local, country and site levels, there are GoGreen Teams that report directly to the business development units.